Binary Options Trading

Many kinds of trades rely on outside market data to determine their outcome, but of all the varieties, binary options offer the most basic and straightforward format. A binary option offers only one of two outcomes. You either gain or lose. Binary options also feature fixed time limits, where in the end, your trade has either been successful, or not. Thanks to that simplicity, traders are attracted to binary options because they do not have to study the intricate ins and outs of international markets.

When a trader purchases a binary option, they are asked to decide which of two possible outcomes they find more likely. While plenty of traders do their research on market trends and news events, the limited range of a binary option does make it possible to test your luck and jump in with little to no background.

In general terms, there are three varieties of binary options, which all work in a similar fashion. With a digital option, a trader predicts if the price of a certain asset will rise or fall from its current market price within a set period of time. For example, a trader may choose a binary option predicting the price of gold will rise or fall in the next one hour. With a range option, a trader is asked to predict if the value of the chosen asset will within a set range by the set expiration, or not. Finally, with a touch option, a trader is asked to predict whether the price of a specified asset will touch a specific value at any point before the set expiry, or not. For example, a trader may be asked to decide whether the price of oil will hit a specific value within the agreed-upon expiration period.

At BinaryOptionsJourney.com, we feature over 70 broker reviews detailing what assets you can trade in, minimum deposit, minimum trade, rate of return, trading types, banking options, customer support info and if there’s a bonus offered to new traders as well as if the broker is licensed and regulated. We also feature great tutorials for both new and advanced investors with how-to guides and articles in our education section. Don't forget to take a look at our blog for the latest in financial news and reviews.

Some of our latest articles include: Candlestick Patterns Explained to Rollover Strategy and Boundary Strategy to What is an Options Builder? These articles and more can be found in Education.

Feature Broker Reviews

Trade at TopOption

TopOption features has more than 175 different assets, high returns to traders of up to 85% and instruments that range from 60 seconds to one touch. New traders receive up to a 25% bonus. Deposits start at $100 and trades starting at $5.


TopOption Review

Trade at Capital Option

Capital Option features a payout of up to 85% with trading in commodities, forex, indices and stocks. $5 minimum for 60 second trades. New traders are welcomed with a 100% bonus.


Capital Option Review

Trade at Cedar Finance

Cedar Finance offers new traders a 100% bonus on their first deposit. Features include up to an 85% return rate, trades starting at $25 and customer support by phone, live chat or web form.


Cedar Finance Review

New Broker Reviews

Sign Up Broker USA
Payout or
Bonus Review
Sign Up Sycamore Options USA Traders Not Accepted up to 75% no bonus Review
Sign Up Titan Trade USA Traders Not Accepted up to 85% up to 100% Review
Sign Up Winner Option USA Traders Not Accepted up to 85% 100% Review
Sign Up Boss Capital USA Traders Accepted up to 85% up to 100% Review
Sign Up Power Option USA Traders Not Accepted up to 85% 100% Review

Binary Options Blog Latest News

Positive Economic Data Lifts S&P 500 to Record All-Time High (August 22, 2014) - U.S. stocks rallied on Thursday as the S&P 500 hit an all-time high of 1,994.76, breaking two records. A spell of positive economic data and dovish comments expected from the Federal Reserve’s Head Janet Yellen on interest-rate hikes at a meeting of central bankers on Friday kept the markets buoyant. The S&P 500 crossed its [...] read more here

Wall Street Registers Moderate Gains as Jobless Claims Inch Up Above 300,000 (August 15, 2014) - Despite a better than expected increase in jobless claims, U.S. stocks posted moderate gains on Thursday. The Dow was up 0.37 percent ending the day at 16,713.58 while the S&P 500 and NASDAQ both gained 0.43 percent, closing at 1,955.18 and 4,453.00, respectively. Jobless claims rose 21,000 to 311,000, above expectations of 295,000. Russia’s softer [...] read more here

Wall Street Recovers in Early Friday Trading Despite US Attacks on Iraq (August 8, 2014) - After a damp Thursday due to heightened Russia concerns, Wall Street bounced back during the early trading hours on Friday morning. All the major indexes lost between 0.46 and 0.56 percent on Thursday. The Dow fell 75.46 points to 16,367.88 while the Nasdaq was also down 20.09 points at 4,334.97. The S&P 500 dropped 0.56 [...] read more here

Wall Street Tumbles as the Dow Snaps Five-Month Winning Streak (August 1, 2014) - It took a single day for the Dow to wipe out all its benchmark average gains for 2014. Wall Street tumbled on the last day of July with the Dow ending 1.87% lower, snapping a five-month winning streak. It was the largest percentage point drop since February 3. The index stands well below its all-time [...] read more here

Markets Remain Flat Despite Mixed Economic Data (July 25, 2014) - U.S. stocks were largely unaffected on Thursday despite mixed economic data coming in for the month of June. Unemployment claims were better than expected while the Department of Commerce reports indicated a drop in home sales in June by 8.1 percent, the biggest fall in almost a year. Positive quarterly results from major market movers [...] read more here

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